Chinese Exporter Yama Sues US Over Ribbon Duties

Law360, New York (November 1, 2010, 4:04 PM EDT) -- Chinese exporter Yama Ribbons and Bows Co. Ltd. has launched a suit against the U.S. government over a recently issued duty on woven ribbon.

Yama's suit, filed Thursday in the U.S. Court of International Trade, takes issue with a 1.56 percent duty the government applied to its exports of narrow woven ribbons from China. The company says the government made an accounting error and that the duties should be zero.

Like many other Chinese ribbon exporters, Yama was hit with the duties Sept. 1, when the...